Question

The part of the purchase price paid in cash up front, reducing the amount of loan or mortgage. The definition above refers to: (P.S) One of the alternatives is correct and explain your choice. And also because the other alternatives were not chosen as the answer to this exercise). A) Installment B)First payment D)Down payment D) Entrance.

Answer 1

hello!

acredito que a reposta correta seja a letra D) Down Payment



Down Payment é uma entrada, no sentido financeiro, isto é, o pagamento inicial de uma série de parcelas em que se dividiu o valor total de um financiamento.

regards!

Answer 2

That's the definition of down payment, so alternative D.

The dictionary entry for instalment is "one of several parts into which a story, plan, or amount of money owed has been divided, so that each part happens or is paid at different times until the end or total is reached." First payment is the first instalment of X instalments. Entrance is a deposit that is sort of a certification that one will proceed with the purchasing; it's often used when it involves something expensive, such as a house, a top notch car, etc. It's a bit like a bond, but there's no getting the money back in an entrance.